Fund manager Hermes is embarking on a £717m investment programme in overseas property for its owner, the BT Pension Scheme.
The commitment – about 2pc of the £30bn fund – will be primarily focused on continental European and Asian real estate. The new investment will come from the scheme’s current 12.5pc allocation to UK and...
Most respondents in this week's Pensions Buzz do not think businesses should be able suspend AE contributions if in financial distress.
Former BHS owner Dominic Chappell has lost the appeal against his section 72 conviction and sentence for failing to hand over information to The Pensions Regulator (TPR).
This week's top stories include Marsh and McLennan Companies agreeing to buy JLT, and the home secretary calling for AE to be scrapped in a no-deal Brexit scenario.
Lesley Titcomb says the watchdog wants closer interactions with pension funds to spot problems sooner and act before having to use its more stringent powers